Key Takeaways:
- Strategic Acquisition: Kaiko acquired Vinter to strengthen its market presence in the crypto indexing and analytics sectors across Europe and the U.S., aiming to become a leader in crypto data and benchmarks for asset managers and institutional clients.
- Synergies in ETPs and Analytics: Vinter’s expertise in European ETP benchmarks complements Kaiko’s analytics in exchanges and derivatives, enhancing their combined service offerings for exchange-traded products.
- European Market Focus: Kaiko’s CEO views the acquisition as a strategic move to capitalize on Europe’s growing ETP market, a sector that recently expanded with several crypto product launches enabled by the region’s supportive regulatory framework.
Kaiko, a leading cryptocurrency data provider, has acquired Vinter, a European crypto index provider, to bolster its position in the US and European crypto indexing and analytics markets.
Known for delivering crypto benchmarks for exchange-traded products (ETPs) on major European exchanges, Vinter adds significant expertise to Kaiko’s offerings, which include data services for major exchanges and the derivatives market.
🌍 Kaiko Acquires Vinter, Europe’s Leading Crypto Index Provider! 📢
— Kaiko (@KaikoData) November 12, 2024
We’re thrilled to announce that Kaiko has acquired @vinterco, Europe’s top name in regulated crypto indices! This strategic move amplifies Kaiko’s role as the global leader in crypto market data and indices,… pic.twitter.com/rAlSSgNb9E
This acquisition builds on previous purchases by Kaiko, such as Kesitys for risk management and Napoleon Index for index products, enhancing Kaiko’s appeal to institutional clients and asset managers.
Kaiko CEO Ambre Soubiran emphasized the acquisition as a strategic focus on Europe’s growing ETP market, which, while smaller than the US market, is expanding rapidly.
Regulatory differences allow European ETPs to incorporate staking features, a practice restricted in the US, presenting unique growth opportunities.
Recent ETP launches in Europe, like those from 21Shares and Valour, highlight the region’s potential.
Post-acquisition, Kaiko’s valuation is estimated at $200 million, reflecting its ambition to become a leading force in crypto data and indexing for a broadening global market.
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